Arnold -> Robert Higgs :
If we were talking about bananas, everybody would see immediately the foolishness of seeking “banana independence.” Nobody would fall for half-baked arguments about our addiction to foreign bananas or our love affair with banana bread. It’s obviously uneconomic to grow millions of bananas in this country; it could be done, but doing it would entail much greater costs than buying them from producers in places better suited to their production (that is, places where they can be produced at lower opportunity cost).
Arnold notes:
In Oil Econ 101 , I wrote,
The problem with sponsoring terrorism is not that oil revenues are the source of funds. The problem with sponsoring terrorism is that it is grossly immoral.
Whether you are an anti-war liberterian like Higgs or a xenophobe about Islamic radicals like me, the economics always comes out the same: choosing the high-cost energy path is not in the interest of American citizens.
It would be ...
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Local Optima:From: garyjones.org
Post Date: 2007-06-01 21:00:18
Or, "So long, and thanks for all the fish."
Mistaking political realities for physical reality, as discussed in Blowing Smoke , or mistaking media and activist rhetoric for reality, as discussed most recently in Try Again , gives a skewed and dysfunctional view. One symptom of this is an oscillation from overshoot to undershoot as those seeking to differentiate themselves and so get attention - either as votes or product sales - try to grab headlines .
Wasn’t it surprising how the ...
more Try AgainFrom: garyjones.org
Post Date: 2007-06-01 07:34:09
IMO we would do well to do more agrichar trials in more places, sooner rather than later. Australia seems to be on point here .
The huge potential of agricultural soils to reduce greenhouse gases and increase production at the same time has been reinforced by new research findings at NSW Department of Primary Industries’ (DPI) Wollongbar Agricultural Institute.
Trials of agrichar - a product hailed as a saviour of Australia’s carbon-depleted soils and the environme...
more Bio BangFrom: garyjones.org
Post Date: 2007-05-31 22:01:12
A variant of the infinite monkeys trope
The plausibility of different models for the origin of life on earth directly depends on the adopted cosmological scenario. In an infinite universe (multiverse), emergence of highly complex systems by chance is inevitable. Therefore, under this cosmology, an entity as complex as a coupled translation-replication system should be considered a viable breakthrough stage for the onset of biological evolution.
So evolution didn’t evolve...
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